Implementation Status: Pending
Abstract Summary: The current voting system does not allow ApeCoin staked in protocols, other than ApeStake.io , to be considered in voting power calculations for ApeCoin DAO governance.
This AIP allows for JPEG’d to request Ape Foundation’s assistance in implementing ApeCoin staked for its individual users to count as voting power in ApeCoin DAO governance activities.
JPEG’d is the first Peer2Protocol based NFT lending protocol. On top of allowing immediate liquidity against the value of their NFTS, it offers the opportunity for owners to get native ETH yield on them by leveraging core DeFi principles, notably by being one of the largest Convex holders.
JPEG’d DAO offers both solo and Peer2Peer APECoin staking, allowing NFT holders to list their NFTs for the APECoin staking program, as well as APECoin holders of any size to join any of the pools (BAYC/MAYC/BAKC).
Overall Cost: 0 ApeCoin
Reconstruction: This AIP is a reconstruction of AIP-229 to be submitted separately by each protocol.